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4 hours ago, bachar said:

any idea about the percentage% is it 18%?

I received mine, for me it is 15% increase before tax.

i got informed someone has already got the email form promoter.

it mentioned we can get refund but it need to deduct thecharges due for payment by credit card or any commision that may be paid if your purchased your unit from your broker.

2 hours ago, Everlong said:

hey want to return less than 20%?

based on the info i got, the promoter used part of our deposit to pay the agent's commission, so the refund will deduct this portion. but the funny thing is some agents have not yet got this commission. 

i was told next week, we will received the email from them. we ll see. 

13 hours ago, Né entre les rapides said:

 

 

Cette affaire ressemble étrangement* à celle que nous avons discutée récemment sur un autre fil, et qui portait principalement sur de nombreux similaires cas en Ontario.   En résumé: le promoteur avec lequel vous avez signé un contrat spécifiant le prix vous informe que le prix est majoré, et que vous devez accepter la hausse, sans quoi le contrat sera annulé et votre dépôt vous sera remboursé. Le promoteur se justifie en prétendant que les coûts de construction ont terriblement augmenté depuis la signature du contrat; c'est possible, mais ce qui importe vraiment, c'est que le promoteur pense (est pratiquement certain) qu'il pourrait vendre la même unité beaucoup plus cher dans le marché actuel.  L'acheteur original se trouve lésé, car même s'il récupère son dépôt, il devra trouver une alternative offerte au prix actuel du marché.  Je crois que cette pratique est encore "légale" en Ontario.  Dans mon message, je me demandais si c'était également le cas au Québec.  Ce qui est évident, c'est que les mêmes causes produisent les mêmes effets.

* Comme dans l'histoire du canard (je vous épargne la citation).  

yes i think it is the same case. but my point it is nothing was built for the last two years until inflation came and material price rised, then asking for a more than 15% price increase, so what did them do for these two year comparing with other constructions.

19 hours ago, invest26 said:

Hi , I did purchase an unit in this project, but didn’t receive anything. Do you know if it’s for all the units ?

My sales told me today, she said it could be after tax 18.5% increase.  She confirmed it is for all units. 

some clients are going to sue them. and some agents have not yet received the commission. they are going to sue them too. 

2 hours ago, Everlong said:

Will you sue the developer or just get the deposit back?

 

Also when did you buy it? 

I bought it 2 years ago, paid 20% already. My sales told me they will send me an email aboout this price increase and details of how and how much we can get the money back.

probably i will sue them.

45 minutes ago, invest26 said:

Hi , I did purchase an unit in this project, but didn’t receive anything. Do you know if it’s for all the units ?

My sales told me today, she said it could be after tax 18.5% increase.  She confirmed it is for all units. 

some clients are going to sue them. and some agents have not yet received the commission. they are going to sue them too. 

Hi everybody, have you received a message indicating they are asking for a 15% price increase.???